LinkedIn Profit Jumps 30 Percent as Revenue More Than Doubles

LinkedIn Corp.’s profit jumped 30 percent and its revenue more than doubled in its latest quarter, providing a lift to the young social-networking industry ahead of Facebook Inc.’s public offering later this year.

Facebook Gives Its Ads a Boost, Using Your Photos

The world’s biggest photo-sharing service decides to make some money from all that sharing. Good timing!
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Four Trends to Trickle Down the Mountains From This Year’s Summit Series Basecamp 2012

Looking back on a memorable Summit, here are four trends buzzed about in Tahoe.

Zynga Inks Deal With Hasbro to Bring FarmVille Into the Real World

Zynga has partnered with Hasbro to develop a wide range of toy and gaming experiences based on Zynga’s most popular Facebook games and characters.
Zynga's FarmVille with crops whithering.

More Details on Rovio’s Valentine’s Day Treat: Angry Birds on Facebook

The latest incarnation of the popular game, arriving next week on Facebook, adds some new features and a handful of social twists.
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The Internet Hasn’t Killed the Radio Star: Clear Channel CEO Bob Pittman’s Full Dive Into Media Interview

The guy who helped build MTV, then AOL, is now running a radio giant in an Internet age. Why?
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Who’s Ready for the (Heaven Forbid) Social Networking Patent Wars?

Just in case patent wars happen to be contagious, it seems worth evaluating which social networking players are best-equipped.
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So, How Long Does Facebook Keep Your Deleted Photos? (Comic)

Here is the latest comic from our Joy of Tech friends at Geek Culture, Nitrozac and Snaggy. Joy of Tech appears three times a week in the Voices section of this site.
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Nextdoor Lawsuit Alleging VCs Stole Local Social Network Idea Is Dismissed

A lawsuit against Benchmark Capital and its portfolio company Nextdoor — filed by a founder claiming they stole his name and idea for a start-up — was dropped on Tuesday.
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Behind the Scenes at Groupon’s Tech Headquarters as It Prepares to Report First Public Earnings

Groupon is slowly building out its technology prowess in Palo Alto, Calif., 2,000 miles away from its headquarters — one acquisition at a time.
Groupon's Palo Alto offices

SchoolFeed Turns High School Reunions Into a Facebook Social Game

SchoolFeed, which is building a sort of Facebook social gaming version of Classmates.com, already has six million monthly users. Now it has raised $1.75 million in funding.
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What Zuckerberg Could Do With His Facebook Fortune (Comic)

Here is the latest comic from our Joy of Tech friends at Geek Culture, Nitrozac and Snaggy. Joy of Tech appears three times a week in the Voices section of this site.
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California Pension Fund Challenges Facebook Over Board

A large California pension fund has challenged Facebook Inc. over what it sees as a lack of diversity on the company’s board of directors, just days after the social-networking firm filed papers to go public in a closely watched IPO.

News Byte

Facebook Buddies Up to Marketers at New York Event

Want to know more about Facebook’s ad plans in advance of its IPO? You may get a bit of insight at the end of the month. The social network is planning a half-day program geared toward marketers, which it will host at New York’s Museum of Natural History. Facebook says COO Sheryl Sandberg will kick off the program, which will include “inspirational breakout sessions” and a chat with an unnamed “esteemed guest.”

Klout Acquires Local App Blockboard

Social media influence scorer Klout has made its first acquisition: A local app maker called Blockboard.
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Flingo Gets $7 Million for a Second-Screen Bet

Ashwin Navin used to run BitTorrent. Now he’s making another stab at video, this time with help from August Capital.
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My So-Called Social Super Bowl

Last night, I took a rare break from social media and opted for a real-time, real-life Super Bowl instead. And somehow … I saw the same game everyone else did.
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Tidbits From the Facebook IPO Filing: I’ll Have What SV VCs Marc Andreessen and Jim Breyer Are Having!

It’s good times for venture capitalists in Silicon Valley, both professionally and personally.
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Zynga’s First Super Bowl Commercial … Kind Of

Zynga’s popular puzzle game Words With Friends was featured in Best Buy’s Super Bowl commercial yesterday, calling attention to the game’s founders as some of the “greatest mobile innovators.”
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News Byte

Ridejoy Collects $1.3M for Matchmaking Road-Trippers

A good way to raise start-up funding these days seems to be saying you do “collaborative consumption.” (It’s about helping people share underutilized resources; probably the best-known example is Airbnb.) The latest such deal is San Francisco-based Ridejoy‘s seed round of $1.3 million from Freestyle Capital, Lerer Ventures, SV Angel and others. Ridejoy matches drivers and passengers — who are screened using their Facebook profiles — for trips of at least 50 miles on the West Coast of the U.S. A direct competitor is Zimride.

A Super Social Bowl

You watched the game on the big screen, and you typed and read on a smaller one. Which is exactly what Twitter and Facebook were hoping for.
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Care to Bet Which Other Social Games Company Is About to Go Public?

Caesars Entertainment may be known for its Las Vegas casinos, but it also has a burgeoning business developing way off the Strip.
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Bing — Which Has Deals With Facebook and Twitter — Finally Speaks on Social Search Controversy

Bing Search director Stefan Weitz explains why Bing has been relatively slow and quiet on social search, considering it has deals for both Facebook and Twitter data.
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Facebook’s IPO Marks the End of the Web 2.0 Era: The Social Web Is the New King

I recently spent the weekend at a unique event that brought founders, entrepreneurs and investors together. I was fortunate enough to spend time with the original pioneer of social networking.

From the Life-Is-Unfair Files: You’re Welcome, Winklevii. Love, Zuck.

That’s right, folks, the rich do get richer, especially if they pursue their case well past the point of shame.
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